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CBO Director Swagel defends nonpartisan budget analyses amid GOP and Trump criticism over tariff impact projections.
CBO Director Phillip Swagel faces political pressure from Republican leaders and former President Trump, who have criticized the agency’s budget analyses as biased, despite Swagel’s insistence on the CBO’s nonpartisan mission.
The agency’s assessments of a major Republican tax and spending bill, including projections that Trump’s sweeping tariffs could reduce the deficit by $4 trillion over a decade, have drawn scrutiny.
Swagel emphasizes the CBO’s commitment to factual, impartial analysis amid complex economic shifts, such as unprecedented trade policies and inflation risks, while acknowledging the need to adapt models to new realities.
El director del CBO Swagel defiende los análisis presupuestarios no partidistas en medio de las críticas del GOP y de Trump sobre las proyecciones de impacto arancelario.